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Luxury crisis complicates Stéphane Courbit's planned acquisition of The Independents

The crisis in the luxury sector is imperilling the takeover of The Independents, co-founded by Isabelle Chouvet (right), by Banijay, owned by Stéphane Courbit (left).
The crisis in the luxury sector is imperilling the takeover of The Independents, co-founded by Isabelle Chouvet (right), by Banijay, owned by Stéphane Courbit (left).© Studio Pachamama

Three years in the making, the planned takeover by the French TV producer of the public relations and events company The Independents, a conglomerate of 20 PR agencies and production studios working for high-end brands, is threatened by the current crisis in the luxury sector.

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